Warner Music may stop licensing songs to free online streaming sites
Warner Music has indicated it may stop licensing its songs to free online streaming services such as Spotify and We7. The record label’s chief executive, Edgar Bronfman, said yesterday that allowing people to access free music on such sites was “clearly not positive for the industry”.
A spokesman for Warner Music confirmed that this will not affect deals currently in place, meaning songs by artists such as T.I, Fleetwood Mac and Estelle will still be available to hear on the likes of Spotify. He could not confirm how this would affect future deals, except that Warner did not feel ad-supported free services was a sustainable business model for the music industry.
- Warner Music may stop licensing songs to free online streaming sites
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